Loading organizations...
Loading organizations...
EnergySavvy is a technology company.
EnergySavvy develops cloud-based software solutions for utility providers. Its core product portfolio enhances customer engagement and manages comprehensive energy efficiency programs. The platform delivers personalized customer interactions, streamlines administration, and guides homeowners through energy-saving upgrades, optimizing program delivery and satisfaction.
The company was co-founded in 2008 by Aaron Goldfeder, Karl Siebrecht, and Leo Shklovskii. Goldfeder, an alumnus of Microsoft, launched EnergySavvy with a vision to leverage technology for social and environmental impact. This foundational insight focused on addressing residential energy consumption and enabling utilities to effectively drive efficiency initiatives.
EnergySavvy primarily serves utility providers, empowering them to foster stronger relationships with end-use customers, particularly those participating in energy efficiency initiatives. The company's vision is to modernize the utility-customer relationship through intuitive software, facilitating widespread adoption of energy-saving practices and supporting a sustainable energy ecosystem.
EnergySavvy has raised $38.1M across 8 funding rounds.
EnergySavvy has raised $38.1M in total across 8 funding rounds.
EnergySavvy has raised $38.1M in total across 8 funding rounds.
EnergySavvy's investors include Dennis Odell, G20 Ventures, Prelude Ventures, Prosperity7 Ventures, EnerTech Capital, Inherent Group, El Dorado Investment Company, Dean Sciorillo, Tim Woodward, Pivotal Investments, Brad Zenger, Geoff Entress.
EnergySavvy is a Seattle-based cloud software company specializing in SaaS solutions for the energy sector, primarily helping utilities enhance customer engagement, intelligence, and energy efficiency programs.[1][2][4] It builds personalized platforms that transform utility operations and customer experiences, serving utilities to solve challenges in residential energy efficiency, such as promoting conservation through user-friendly tools and data-driven insights.[1][2][5] The company demonstrates growth momentum through a solid customer base, scalable impact plans, and proven success in helping utilities like Eversource achieve top ACEEE awards for exemplary programs.[1][5]
EnergySavvy emerged as a rapidly growing software innovator in Seattle, focusing on residential energy efficiency from its inception, though specific founding year and founders are not detailed in available sources.[1] The idea likely stemmed from the need to modernize utility customer interactions amid rising demands for sustainable energy practices, combining advanced tech with exceptional UX to drive adoption.[1][2] Early traction is evident in its supportive, developer-friendly culture that attracted talent and supported scaling, alongside real-world wins like enabling four utilities to earn ACEEE distinctions for energy programs.[1][5]
EnergySavvy rides the wave of utility modernization and clean energy transitions, capitalizing on market forces like regulatory pushes for efficiency and consumer demand for personalized sustainability tools.[1][2][4][5] Its timing aligns with the expansion of smart grid tech and SaaS adoption in energy, where utilities face pressure to cut costs and emissions amid climate goals. By enabling award-winning programs, it influences the ecosystem, fostering scalable energy conservation and setting benchmarks for customer-centric utility software.[5]
EnergySavvy is poised for continued expansion as utilities digitize amid net-zero mandates, potentially deepening AI integrations for predictive engagement and broader market penetration.[1][2][4] Trends like decentralized energy and regulatory incentives will shape its path, evolving its role from efficiency enabler to ecosystem leader. Watch for partnerships amplifying its award-winning impact, reinforcing its position in transforming residential energy use.
EnergySavvy has raised $38.1M across 8 funding rounds. Most recently, it raised $14.0M Series D in October 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2016 | $14.0M Series D | Dennis Odell | G20 Ventures, Prelude Ventures, Prosperity7 Ventures, EnerTech Capital, Inherent Group |
| Aug 14, 2015 | $3.5M Other Equity | El Dorado Investment Company, EnerTech Capital, Prelude Ventures | |
| Jul 2, 2014 | $1.3M Other Equity | El Dorado Investment Company, Dean Sciorillo | |
| Jun 1, 2014 | $8.0M Series C | G20 Ventures, Prelude Ventures, Prosperity7 Ventures | |
| May 1, 2014 | $7.0M Other Equity | Tim Woodward | Pivotal Investments |
| Aug 2, 2012 | $3.0M Other Equity | Brad Zenger | Geoff Entress, Element 8, Summit Capital |
| Dec 1, 2010 | $1.0M Series A | Element 8 | Founders' Co-op, Pioneer Square Labs, Unlock Venture Partners, Andy Liu, Geoff Entress, Karl Siebrecht, Mike Galgon |
| Apr 27, 2010 | $320K Other Equity | Mike Galgon | Karl Siebrecht |